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The Modern Millennial Family
Modern Millennial family is a nuclear family with parents and children and is accelerating towards “Co-parenting” rather than restraining to traditional married couples with Kids. This is because of same-sex marriage and cohabitation trends.
TRADITIONAL VS MODERN MILLENNIAL FAMILY:
- Previously, about 2-3 decades, the structure of the family was adult-centric, and the family used to have three generations, such as grandparents, parents, and kids. However, the modern Millennial family is a nuclear family with parents and children.
- Modern Millennial family is trending towards LGBTQ parents, and the percentage of married couples is reduced to 68%. This has resulted in an increased number of children who are raised by same-sex parents.
- Pets are becoming part of the modern Millennial family instead of children.
- There is an increase in cohabitation culture among Millennial as 80-90% of them either want to marry once or never.
- Around 4 million Millennial women are planning to become single mothers.
DEMOGRAPHICS
- The modern Millennial family consists of older Millennials. The reason is that Millennials delay getting before getting married. Also, many Millennial women plan to have their babies children after they are 30 years.
- The household income of a Millennial family is $69,000, and 78 % of women in the Millennial family are working.
- Most of the Millennial parents have a higher education degree compared to other generations.
- The average number of children for Millennials parents is 1.9
- Only 46% of Millennials are married.
- "As of 2016, there are 4.2 million" Millennials cohabiting-couple households.
- About 4 million Millennials households are made up of single Mothers.
- The ethnic breakdown of Millenials families as reported in 2013 is as follows: 12% African American, 16% Hispanics, 61% Caucasian, and 11% minority population.
RESEARCH STRATEGY:
Initially, we searched for information on the definition of a modern millennial family, but could not locate any pre-compiled statement to define it in various generational surveys, millennial articles and reports such as Pew research, Impakter, Forbes, BGSU, MIUC, among others as most of the information are on millennials in general. So, we garnered multiple sources which have insights on modern millennial family and framed a definition for modern millennial family.
Next, we looked for information on comparative analysis of the current structure and dynamic of the modern millennial family to that of 2-3 decades ago. We looked through surveys, news articles, media publications, and other relevant sources that discussed millenials parenting. The information we found was focused on millennials in general and not specific to modern families. We then decided to expanded our scope and searched for information published more than 24 months and were able to find valuable insights on the ethnicity, modern millennial family structure and demographics of modern millennial family which we have presented in findings section above.